Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Price-to-Tangible-Book : 0.36 (As of May. 15, 2024)

View and export this data going back to 2005. Start your Free Trial

What is Burgan Company for Well Drilling Trading and MaintenanceK Price-to-Tangible-Book?

As of today (2024-05-15), Burgan Company for Well Drilling Trading and MaintenanceK's share price is KWD0.105. Burgan Company for Well Drilling Trading and MaintenanceK's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was KWD0.29. Hence, Burgan Company for Well Drilling Trading and MaintenanceK's Price to Tangible Book Ratio of today is 0.36.

The historical rank and industry rank for Burgan Company for Well Drilling Trading and MaintenanceK's Price-to-Tangible-Book or its related term are showing as below:

KUW:ABAR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25 Med: 0.36 Max: 0.87
Current: 0.36

During the past 13 years, Burgan Company for Well Drilling Trading and MaintenanceK's highest Price to Tangible Book Ratio was 0.87. The lowest was 0.25. And the median was 0.36.

KUW:ABAR's Price-to-Tangible-Book is ranked better than
92.23% of 927 companies
in the Oil & Gas industry
Industry Median: 1.36 vs KUW:ABAR: 0.36

A closely related ratio is called PB Ratio. As of today, Burgan Company for Well Drilling Trading and MaintenanceK's share price is KWD0.105. Burgan Company for Well Drilling Trading and MaintenanceK's Book Value per Sharefor the quarter that ended in Dec. 2023 was KWD0.29. Hence, Burgan Company for Well Drilling Trading and MaintenanceK's P/B Ratio of today is 0.36.

Burgan Company for Well Drilling Trading and MaintenanceK Price-to-Tangible-Book Historical Data

The historical data trend for Burgan Company for Well Drilling Trading and MaintenanceK's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Burgan Company for Well Drilling Trading and MaintenanceK Price-to-Tangible-Book Chart

Burgan Company for Well Drilling Trading and MaintenanceK Annual Data

Trend

Mar12

Mar13

Mar14

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.36

0.27

0.53

0.38

Burgan Company for Well Drilling Trading and MaintenanceK Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.41	0.38	0.38	0.33	0.31

Competitive Comparison of Burgan Company for Well Drilling Trading and MaintenanceK's Price-to-Tangible-Book

For the Oil & Gas Drilling subindustry, Burgan Company for Well Drilling Trading and MaintenanceK's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Burgan Company for Well Drilling Trading and MaintenanceK's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Burgan Company for Well Drilling Trading and MaintenanceK's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Burgan Company for Well Drilling Trading and MaintenanceK's Price-to-Tangible-Book falls into.

Burgan Company for Well Drilling Trading and MaintenanceK Price-to-Tangible-Book Calculation

Burgan Company for Well Drilling Trading and MaintenanceK's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.105	/	0.29
	=	0.36

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Burgan Company for Well Drilling Trading and MaintenanceK Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Burgan Company for Well Drilling Trading and MaintenanceK's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Burgan Company for Well Drilling Trading and Maintenance SAK (KUW:ABAR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Ahmadi, Street 306, Al Fahaheel, Block 3, P.O. Box 47143, West Industrial Shuaiba, Kuwait, KWT, 64022

Website

https://www.burgandrilling.com

Burgan Company for Well Drilling Trading and Maintenance SAK is engaged in the provision of drilling, exploration, and maintenance services of wells for oil and gas companies. It serves its clients to drill their deep, medium, and shallow wells and carry also workover operations for the same. The company's operating segment being Oil and Gas well services. Geographically, it operates and derives revenue only from Kuwait.

Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Headlines

No Headlines